Financing higher education : lessons from economic theory and reform in England

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V. Foreign Higher Education and Education Systems, International Relations, Bilateral Relations
B. Essays, Commentaries, Statements

Author	BARR, Nicholas
Title	Financing higher education : lessons from economic theory and reform in England
Publication year	2009
Source/Footnote	In: Higher education in Europe. - 34 (2009) 2, S. 201 - 209
Inventory number	26678
Keywords	Ausland : Großbritannien : Hochschulwesen allgemein ; Finanzierung der Hochschulen : allgemein
Abstract	The finance of higher education faces a clash between technological advance, driving up the demand for skills, and fiscal constraints, given competing imperatives for public spending. Paying for universities is also immensely politically sensitive. This paper sets out core lessons for financing higher education deriving from economic theory, including the desirability of loans with income-contingent repayments. Subsequent discussion includes a general strategy for OECD countries derived from the theoretical analysis, and reforms in England in 2006 which illustrate the strategy. The paper concludes with discussion of the appropriate role of government in higher education. (HRK / Abstract übernommen)